Industry veteran joins Meeder as SVP; PGIM appoints chief marketing officer to drive global expansion; FS Investments hires national sales manager to oversee sales professionals; and more.
PBGC data shows the multiemployer program had liabilities of $67.3 billion and assets of $2.2 billion as of September 30, 2017.
Sixty-four percent have financial goals.
Any large-scale action on retirement reform will require trust, a willingness to take risk and experiment, and a sense of the greater good.
INSIDE THE MAGAZINE PLANSPONSOR October 2017
In an issue brief, researchers for the Center for Retirement Research at Boston College discuss plan partitions, benefits cuts, subsidized loans and tax payer support.
More Gen Xers say they regret spending and accumulating debt than previous generations, a survey found.
Wilshire launches latest indexes tracking REITs; New York Life Investments announces new equity fund; ProShares presents advanced ETFs and public index funds; and more.
The association argues that plaintiffs’ claims rely on hindsight, ask Fidelity to “follow the herd” and imply Fidelity should not align its interest with those of 401(k) plan participants.
House and Senate Democrats hope to pass legislation to “put union pension plans back on solid footing,” but their bicameral position in the minority makes this a tall task.
The consultancy identifies 10 investment-related terms rendered outdated by change.
Following the earliest stages of debate, both the House and the Senate seem to have backed away from major changes to deferred compensation arrangements, as well as from other retirement-industry focused proposals.
Alight Solutions says there was a 50/50 split of trading days favoring equities and those favoring fixed income.
The agency also issued a reminder that a certain amount of flexible spending account assets can be rolled over to the following year.
Roughly four in five retirement plan participants said it would be at least somewhat useful to have additional information about investment fees, according to research from The Pew Charitable Trusts.
For Millennials, student loan debt, credit cards and health care expenses all measured equally as causes for “extreme” amounts of financial stress, a survey found.